Categories
Search
 

Web

TigerShark
Popular Authors
  1. Dave Mecklenburg
  2. Momentum Trader
  3. Candlestick Trader
  4. Stock Scalper
  5. Pullback Trader
  6. Breakout Trader
  7. Reversal Trader
  8. Mean Reversion Trader
  9. Frugal Trader
  10. Swing Trader
  11. Canslim Investor
  12. Dog Investor
  13. Dave Landry
  14. Art Collins
  15. Lawrence G. McMillan
No popular authors found.
Website Info
 Free Festival of Traders Videos
Article Options
Popular Articles
  1. A 10-Day Trading System
  2. Use the Right Technical Tools When You Trade
  3. Which Stock Trading Theory Works?
  4. Conquer the Four Fears
  5. Advantages and Disadvantages of Different Trading Systems
No popular articles found.
High Correlation Stock Scalps For May 23
By Stock Scalper | Published  05/22/2014 | Stocks | Unrated
High Correlation Stock Scalps For May 23

If the stock market can move sectors and stocks, which sectors and stocks are most likely to move in step with the stock market? Sectors and individual stocks most highly correlated to the overall market can use the S&P 500 SPDR ETF (SPY) as a directional indicator.

The following individual stocks are most correlated the S&P 500 SPDR ETF (SPY).

NKE Nike, Inc'B'
UNH UnitedHealth Group Inc
GD General Dynamics Corp
GS Goldman Sachs Group
AXP American Express Company
MET Metlife Inc
CMCSA Comcast Cl'A'
EMC EMC Corp
APC Anadarko Petroleum
AMGN Amgen Inc
GILD Gilead Sciences
MRK Merck & Co
BK Bank of New York Mellon Corp
BAC Bank of America Corporation
LLY Lilly (Eli)
FOXA Twenty-First Century Fox Inc A
TXN Texas Instruments
JPM JPMorgan Chase & Co
BRK.B Berkshire Hathaway'B'
MON Monsanto Co
CVS CVS Caremark Corporation
SBUX Starbucks Corp
AIG Amer Intl Group
SLB Schlumberger Ltd
MS Morgan Stanley
UPS United Parcel'B'
LOW Lowe's Cos
ABBV AbbVie Inc
UNP Union Pacific Corporation
AMZN Amazon.com Inc
RTN Raytheon Co

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.